Our firm does not provide legal or tax advice. Be sure to consult with your own tax and legal advisors before taking any action that would have tax consequences. The information provided herein is obtained from sources believed to be reliable; but no representation or warranty is made as to its accuracy or completeness.

Top 10 Critical Errors in Divorce

Retaining an attorney before you have examined all your options

Deciding financial issues piecemeal rather than looking at the whole picture before choosing

Assuming that an equal division is a fair division of property

Not understanding the impact of settlement options on your financial future

Underestimating your post-divorce expenses

Allowing an emotional attachment to an asset (e.g. the family home or a pension) to dictate the outcome

Not understanding the value of non-cash assets such as stock options and employee benefits

Failing to accurately value a pension

Failing to insure support payments

Failing to understand liability issues related to debt incurred during the marriage

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